Calls and Puts for Income Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Calls and Puts for Income

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dealmakr who wrote (4343)	7/3/2010 5:02:07 AM
From: dealmakr	Read Replies (2) of 5891

Opening position WFR updated 07/02/10 05/03/10 Bot 2500 WFR 13.19 05/03/10 Sold 25 May 13 Call .73 corrected 05/03/10 Sold 25 May 12 Put .23 05/03/10 Sold 25 Jul 12 Put .76 05/04/10 Sold 25 Jun 13 Call .80 05/04/10 Sold 15 May 12 Put .43 05/05/10 Bot 2500 WFR 12.60 05/05/10 Sold 25 Jun 15 Call .31 corrected month 05/05/10 Sold 25 May 11 Put .15 05/05/10 Sold 25 Jul 10 Put .33 05/06/10 Sold 30 Jun 13 Call avg .675 05/06/10 Sold 15 Oct 9 Put .60 05/06/10 Sold 15 Oct 9 Put .75 05/06/10 Sold 15 May 11 Put .33 05/07/10 Sold 15 Jul 14 Call .60 05/07/10 Sold 15 Jul 10 Put .65 05/07/10 Bot 1500 WFR 11.60 05/10/10 Sold 25 May 11 Put .15 05/13/10 Sold 25 Jun 11 Put .31 05/14/10 Sold 25 May 11 Put .13 05/14/10 Sold 25 Jun 12 Call .70 05/14/10 Sold 10 Jul 10 Put .50 05/14/10 Sold 25 Jul 13 Call .60 05/18/10 Sold 25 Jun 12 Call .54 05/25/10 Sold 50 Jul 13 Call .28 05/25/10 Sold 25 Jun 9 Put .16 06/07/10 Sold 25 Jul 12 Call .32 06/08/10 Sold 50 Jun 12 Call .07 06/08/10 Sold 25 Jun 9 Put .15 06/08/10 Sold 25 Oct 6 Put .20 06/08/10 Sold 10 Oct 13 Call .55 06/15/10 Bot 1000 WFR 11.50 06/15/10 Sold 25 Oct 13 Call .85 06/15/10 Sold 15 Oct 9 Put .50 06/24/10 Sold 25 Aug 9 Put .39 06/24/10 Sold 25 Aug 12 Call .45 07/01/10 Sold 25 Jul 9 Put .27 07/01/10 Sold 15 Oct 9 Put 1 Closed trades Profit or loss 05/07/10 Bot close 25 May 13 Call .29 1100 05/10/10 Sold 1500 WFR 12.40 1200 05/10/10 Bot close 25 WFR Jul 15 Call .23 200 05/10/10 Bot Close 30 WFR Oct 9 Put .57 320 05/10/10 Bot Close 40 WFR May 12 Put .44 (540) 05/14/10 Bot Close 25 WFR Jun 13 Call .39 1025 05/18/10 Bot Close 15 WFR Jul 14 Call .26 510 05/18/10 Bot Close 30 WFR Jun 13 Call .27 1210 05/20/10 Bot Close 25 WFR Jul 13 Call .52 200 05/20/10 Bot Close 90 WFR May 11 Put .40 (2030) 05/24/10 Bot Close 50 WFR Jun 12 Call .33 1450 06/08/10 Bot Close 50 WFR Jul 13 Call .14 700 06/14/10 Bot Close 50 WFR Jun 9 Put .01 725 06/15/10 Bot Close 50 WFR Jun 12 Call .09 (100) 06/15/10 Bot Close 25 WFR Jun 11 Put .13 450 06/15/10 Bot Close 50 WFR Jul 10 Put .23 1150 06/15/10 Bot Close 25 WFR Oct 6 Put .10 250 07/02/10 Bot Close 25 WFR Jul 12 Call .03 725 Total return P/L on closed trades 8545 Total position Cost / Premium received Long 6000 WFR avg 12.66 (75950) Short 25 Jul 9 Put 675 Short 25 Jul 12 Put 1900 Short 25 Aug 9 Put 975 Short 25 Aug 12 Call 1125 Short 30 Oct 9 Put 2250 Short 35 Oct 13 Call 2675 Net position exposure Covered calls 6000 shares Naked Puts 10500 shares Stock closed at 9.67 so position bot now back to avg cost of 12.66 is underwater by 2.99/share. No further stock trades will be listed unless as a result of exercise or assignment or hedging. Market continues weak with this stock weaker than most. Opened Jul 9 puts and if exercised will be taking in 5000 WFR avg cost 10.50 with the 12's also exercised, but will have to see how things work out. If put 5000 will reduce average cost down to 11.68/share. Not a final plan and possibly the 12's will be rolled out depending upon market conditions. Also looking to write additional calls if market can get any sort of bounce. Good Trading dealmakr

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next